Search results for "KAREN"
17:52

Analyst: Powell may not provide much clarity.

Karen Manna of Federated Hermes stated that Federal Reserve Chairman Powell may not be able to meet investors' demands for clarity following the interest rate decision. Powell may face questions about the impact of tariffs on inflation and the economy, as the levels and duration of the tariffs are unknown, which will limit his ability to provide more information. Predictions are fraught with difficulties, and uncertainty may persist until the June meeting.
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16:18

The U.S. Treasury Department sanctions the KNA organization in Myanmar for involvement in Crypto Assets fraud and Money Laundering activities.

According to Gate.io News bot, Wu Shuo reported that on May 5, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) imposed sanctions on the Myanmar armed group Karen National Army (KNA). OFAC pointed out that the organization is involved in illegal activities such as transnational cyber fraud, human trafficking, and smuggling. Investigations show that the organization committed fraud by setting up fake cryptocurrency investment platforms, luring victims to invest funds for a long time before fleeing with the money. In 2022 and 2023, American victims suffered total losses of $2 billion and $3.5 billion, respectively. OFAC further disclosed that KNA cooperated with Cambodian financial institutions such as Huione Group to conduct virtual asset money laundering through new types of cryptocurrency scams like "pig butchering".
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BOT15.1%
PIG3.39%
11:35

Karen Building Materials: Intends to acquire 51% equity of Suzhou Jiazhi Color Optoelectronics

On January 7th, Jin10 Data learned that Karen Building Materials announced that it has recently signed a framework agreement on the acquisition of Suzhou Jia Zhi Cai Optoelectronics' controlling rights with Suzhou Si Cai Optoelectronics, Suzhou He Cai, Suzhou Yuan Cai and Chen Xianfeng. The company plans to purchase no more than 51% of the equity through cash payment. At the same time, the controlling shareholder Karen Holdings, actual controller Qian Linde and its concerted action person Green Finance Investment plan to transfer a total of 53.6342 million shares of the company through protocol transfer to Suzhou Si Cai Optoelectronics and Chen Xianfeng, accounting for 14.4852% of the total share capital of the company. Among them, Karen Holdings plans to transfer 6.7788%, Qian Linde plans to transfer 1.6204%, and Green Finance Investment plans to transfer 6.0859%. Suzhou Si Cai Optoelectronics will acquire 9.2187%, and Chen Xianfeng will acquire 5.2664%. After the completion of this transaction, Suzhou Si Cai Optoelectronics will hold 9.2187% of the shares of the listed company, and Chen Xianfeng will hold 5.2664% of the shares.
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05:23
The June 11th data from Golden Ten News shows that a new survey by the Financial Times of economists indicates that the Fed will only cut interest rates once this year, as persistent inflation forces it to adjust the timing of the rate cut. Of the 39 scholars surveyed, more than half said the Fed would cut rates only by 25 basis points this year, and nearly a quarter said they did not expect a rate cut at all. Economists also raised their expectations for PCE from 2.5% in the March survey to the current 2.8%. Karen Dynan, a professor at Harvard University, said recent data had raised concerns about whether inflation had become entrenched. One-third of respondents believed the Fed would make its first rate cut of the year at its last meeting before the election in September. Julie Smith, a professor at Lafayette College, said the Fed's interest rate adjustment this fall would be "very tricky" because it would affect "how it interacts with American politics and the presidential election."
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11:57
Golden Ten Data on May 8, JPMorgan Chase Europe, Middle East and Africa Chief Market Strategist Karen Ward said in a report that by the end of summer, there may be more long evidence of potential pressure easing in the British Central Bank, but for now, the British Central Bank may only see a short-term decline in British inflation. "While headline inflation is declining, the medium-term domestic inflation measure remains significantly above the Central Bank's 2% target," she said, adding: "If the economy is slowing, I expect core inflation to slow as well, but that's not the case at the moment." According to Refinitiv data, the coin market expects the Central Bank to cut interest rates for the first time in August.
04:40
Reuters agriculture columnist Karen Braun said funds covered large short positions in the CBOT corn, wheat and soybean markets in the week ended April 23, but they still held long short positions. CBOT wheat futures led the pump in this week's trading, pump nearly 7%. From Wednesday to Friday, wheat prices pumped another 3 percent, while corn and soybean prices retreated.
01:58

Bridgewater Co-Chief Investment Officer Karniol-Tambour: The Fed will take longer to cut interest rates

Karen Karniol-Tambour, co-chief investment officer of Bridgewater Associates, said the Fed may cut interest rates more slowly than many market participants expect. She said: "The factors that lead to rapid rate cuts usually require the economy to decline very quickly, but that is far from where we are today." The bar is high in either direction (hikes or cuts) and I'll have to see how that plays out going forward, but with inflation stickiness, or levels, higher than it should be, I wouldn't be too wary of a big rate cut Excited."
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09:44

JPMorgan Chase analyst: Market bets on central bank rate cuts are too optimistic

Karen Ward, chief market strategist for EMEA at JPMorgan Asset Management, said interest rate markets were "overly optimistic" that the central bank might cut rates pre-emptively, so traders are likely to continue to unwind those bets. Some of those bets are already being unwound in interest rate markets, and that is expected to continue, she said. That puts the valuations of some growth, mega-cap tech stocks at risk, again suggesting a possible lower U.S. weight and more diversification elsewhere. Inflation will remain in focus and if core data is sticky, the central bank will be more constrained in focusing on growth, Ward said
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03:21
CryptoPunks out again 👀 In a music program, female singer Karen Mok sang on stage wearing a CryptoPunks dress. Dress designed by Vivienne Tam from the Metaverse, Past, Present, and Future collection. Featuring CryptoPunks 4372, 3752, 7279, 2950 and 1942. It seems that many celebrities have entered the currency circle, and the former JJ Lin and Maji also have different levels of assets. 🤔️ (Data source: @0xRodo)
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